Significant timber forest with energy developing potential for sale on 5,342ac

Llanbrynmair Forest, one of the largest privately-owned commercial forests in Wales, has been brought to the market by Savills. The 5,342ac forest is situated in the Montgomeryshire area of Powys, a region well-known for its timber production.

The forest provides a very rare opportunity to acquire a large-scale commercial forest complex that is effectively within a ring fence. It is made up of a number of individual plantations brought together under single ownership.

Discussing the UK market, James Adamson, head of forestry investment at Savills, said: “Due to the limited size of the UK market, finding a single commercial forest of this scale and productive capacity is very rare indeed. Continue reading “Significant timber forest with energy developing potential for sale on 5,342ac”

UK urban forest can store as much carbon as tropical rainforests

Credit: Mat Disney, UCL

Pockets of urban forest can contain as much carbon as tropical rainforests, according to new research led by UCL.

Protecting and planting urban forests is central to building liveable and sustainable cities in a future where populations are set to become increasingly urbanised. This research sheds new light on the value of urban trees for their potential to store carbon and mitigate climate change.

The new study, published in Carbon Balance and Management, used publicly-available airborne LiDAR (Light Detection and Ranging) data collected by the UK Environment Agency, combined with ground-based LiDAR measurements, to generate a map of carbon stored in an estimated 85,000 trees across the London Borough of Camden.

The UCL team found that areas such as Hampstead Heath store up to 178 tonnes of carbon per ha, in comparison to the median value for tropical rainforests of 190 tonnes of carbon per ha. Continue reading “UK urban forest can store as much carbon as tropical rainforests”

Landowners ‘missing out’ on healthy returns in forestry sector

Farmers and landowners have been told they are missing out on healthy returns in the forestry sector, which has been boosted by tax incentives and increasing demand for timber.

Commercial forestry has been the top performing asset in the UK in the past 15 years, with the best woodlands generating returns in excess of 10% a year.

Timber is currently the fourth biggest UK import, but a weaker pound has pushed up import costs, fuelling an immediate rise in timber prices and increased demand for home-grown timber. Continue reading “Landowners ‘missing out’ on healthy returns in forestry sector”

Thriving UK forestry market increases demand for farmland

Forestry investors are continuing their search for low-value, unproductive farmland following another strong year for the sector in 2017.

Savills’ latest UK Forestry Spotlight report shows forest owners have seen average annual returns of 8% over the decade since the financial crash.

And its appeal is showing no sign of waning, mainly because it is perceived to be a straightforward, long-term and low-risk asset.

Favourable tax treatment used to be a significant driver too, but an increasing demand for wood – led by the construction and renewable energy sectors – has left foresters scrambling for land to secure long-term supply.

Unproductive and marginal farmland is one option. But in England and Wales particularly, buyers are hitting barriers.

High average land values are a big hurdle to overcome, as are environmental constraints placed on designated land that would otherwise suit tree planting. Continue reading “Thriving UK forestry market increases demand for farmland”

How will the Northern Forest be delivered and who will gain?

Attendees at England’s Community Forests annual conference in Birmingham last month (March) were buoyed up by the Government’s 25-year environmental plan and in particular the Northern Forest, the delivery of which will be led by five community forests along with the Woodland Trust.

Image: Iain Merchant (CC BY 2.0)
Image: Iain Merchant (CC BY 2.0)

Woodland Trust director of conservation and external affairs Austin Brady, who is leading the charity’s efforts on the Northern Forest, said: “Its aims are the core things that community forests have already been trying to do, but it moves these up the agenda. The 25-year plan is one of the vehicles to get the Northern Forest out into the public eye. I am still surprised by the enthusiasm around it, even up to the prime minister.

Continue reading “How will the Northern Forest be delivered and who will gain?”